Tuesday, March 30, 2010

Nifty closes below Agni level


After moving in the range 5297 to 5325 up to 14.00, Nifty today(30-3-10)closed at 5262 with a loss of 41 points, below the Agni level at 5298. Being a Full Moon day coupled with Moon's conjunction with Saturn it was doubtful whether Nifty can continue its momentum today. Tomorrow's Agni level is at 5308 and Nifty is likely to close below that level, provided Mutual Funds are not keen to jack up their NAVs, because 31st March is the last day of current financial year.

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